I’m sure by now you should have seen this. if not, here is a post by John Ramey on improving startup accelerators anywhere in the world. There are lessons are everyone
Don’t try to copy Silicon Valley. You can’t. Or even worse, don’t copy what you think is happening in SF based on movies and blog posts — we may seem transparent, but trust me, it’s mostly for show and the real info is beneath the surface or hard to write in tweets.
@udemesamuel - this is important as you think about Ibomtc / IbomCon
Accelerators are modern universities. The traditional model of “We’re an accelerator! Apply to us, we’ll pick the top 10, then 90 days later you’ll launch and get funding!” is broken.
One of the biggest not-frequently-talked-about values of accelerators is to recycle talent. I’ve heard YC founders say this was their biggest value inside YC. You should be a mega match maker of talent.
This is interesting; I wonder how they could work in a setup like SPARK @Jason_Igwe_Njoku. For founders to accept their project is dead and choose to collaborate maybe challenging.
There should be uniqueness from one accelerator to another. But at their core, the most successful accelerators in the world have six job functions: Attract, Hunt, Select, Teach, Support, Invest.
emphasis is mine